Should have found that one at 4 or 5.....Wow...what a move!

Which makes me wonder if the fed can keep interest rates down since 45% of the debt we have is owned by foreigners and money has a tendency to move to where it is rewarded...Braz is paying around 8%, Russian Bonds are new 8%, Indian Bonds are now 9%.

http://www.mcoscillator.com/learning_center/weekly_chart/summation_indices_messages/

Need to hold that and maybe it could ride it!

The Fed keeps selling the idea that there is none....but everything including the Big Mac keep going up in price or smaller in size (good for the waistline)....Matt said it tonight...it has been sitting here and is going to break one way or the other....the long term trend line still has not been hit and although I am long here this could still be bottoming and lower price could easily happen.  There is no shortage of gold.  But there does seem to be a shortage of buying of it....alot of hedgies sold, India is clamping down on purchasing of it due to there Ruppie problem.  China may slow down there buying because there real estate problems could start to pop that bubble.  The only thing that is going to get gold really going is INFLATION.....

What is the definition of Deflation.....A persistent decrease in the level of consumer prices or a persistent increase in the purchasing power of money because of a reduction in available currency and credit.  Is there a shortage of money or credit now....?  Who is there community that you speak of....The Fed

Deflation only has to do with money supply(shrinking and that has not happened since 1929) Ben has his foot on the gas and is printing more money in the last three years than was printed in the last 20 years...gold's not rallying for supply and demand reasons or lack of inflation.  Stocks go down and that causes the bonds to rally which lowers interest rates yields which means inflation isn't going up and that hurts gold.

With the government rapidly printing money at its current pace....I find it hard to believe we could have deflation....

UUP seems to be breaking support....what do you make of that?

What a day in this ......bought some this am at 78.49

Wish you would have mentioned that they were reporting today.....!

It is about time....I have been sitting with this for a couple of weeks waiting to finally break out...jury is still out....consumed lots of the stuff waiting....

I think this will be the highest volume day in GDX history?

I agree that piece on the China residential real estate was unbelievable....the amount of money that is going to be lost by the people in China who keep buying these places with no one to live in them or pay the overhead is going to be over the top....

I would recommend watching this it is very interesting. I recently just purchased DDD but never realized it had this kind of capability.  Gives me some pause for concern as I have a different view about firearms.

have kept the market open for another 20 minutes they could have turned it positive....I can't believe that we recovered almost all of the first 160 pts down?

Hell I'm trading from inside my cell for insider trading.....thanks to the invention of apps I can now buy on my smartphone....

Steve's channel on GDX seems to be holding and working well with GDX.  Thanks Matt for reworking GDX....I have been wondering way you have been so bearish, all my indicators seem to be showing a short term bottom building in here for Gold.